Cheap Homes for Rent in Ashland Park Neighborhood of Lexington, KY from $1,200 (7 Rentals)

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Search the lowest-cost Homes available for rent right now in the Ashland Park area of Lexington.

property at 161 Preston Ave

161 Preston Ave

LexingtonKY40502

Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between

Thinking about getting a co-signer for your rental application? We break down what a co-signer is, the potential benefits, and the serious risks for both parties. Find out if it's the right choice for you.

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Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.

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Ashland Park, Lexington, KY Local Guide

Cheapest Available Ashland Park Apartments for Rent

 

The cheapest available apartment rental in the Ashland Park area of Lexington, KY is a Studio unit found at BelleFontaine Apartment Homes priced from $685. Shorelake Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $860. Here are the most affordable Ashland Park apartments for rent in Lexington, KY:

Apartment ListingModel NameBed/BathPriced From
BelleFontaine Apartment Homes0-1Studio,1BA$685
Shorelake ApartmentsMedium 1 Bedroom1BR,1BA$860
Rose Tower ApartmentsOne Bedroom1BR,1BA$950

Best Value Apartments for Rent in Ashland Park, KY

As of November 11, 2025 the best value apartment in the Ashland Park area is the $1.47 price per square foot Renovated Model at Townhomes & Flats at Fontaine in the in the Boone Creek neighborhood starting from $1,395. The second greatest value Ashland Park apartment is the Cypress Model at Life at Lexington starting at $1,100 with a $1.57 price per square foot in the Lansdowne neighborhood. Here is today’s list of the best values for Ashland Park apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Townhomes & Flats at FontaineRenovated2BR,1.5BA$1.47
Life at LexingtonCypress1BR,1BA$1.57
Shorelake ApartmentsMedium 1 Bedroom1BR,1BA$1.34
BelleFontaine Apartment Homes1-11BR,1BA$1.60
Rose Tower ApartmentsOne Bedroom1BR,1BA$2.11

Apartment Common Area Rules: What Renters Need to Know

From the lounge to the laundry room, understand your rights and responsibilities in shared apartment spaces. Get tips on pet rules, noise, and security.

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Don't Settle: How to Negotiate Your Apartment Lease and Save Money

Discover the insider tips from an attorney and real estate agent on how to negotiate your next apartment lease. Find out what's on the table and what's not, so you can save money and get the best terms possible.

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The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.

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Quick Rent Budget Calculator

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The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.

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Pet Friendly Lifestyle
Ashland Park, Lexington, KY

Ranked #67

Among cities in Kentucky for Apartment listings with Pet Friendly Amenities.

Pet Friendliness Lifestyle Score

2.5
Pet Friendly

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Frequently Asked Questions about Ashland Park

What type of rentals are currently available in Ashland Park?

There are currently 200 Apartments for Rent in Ashland Park, KY with pricing that ranges from $745 to $1,800. There are also 21 Single Family Homes for rent, Condos, and Townhome rentals currently available in Ashland Park ranging from $1,200 to $5,000.

What is the current price range for Rental Homes in Ashland Park?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Ashland Park ranges from $1,200 to $5,000 with an average monthly rent of $2,881.

Expert Rental Resources

Helpful Apartment Articles, How-To's and Tips

The rental experts at ApartmentHomeLiving.com provide you with top advice, tools, and tips for understanding the leasing process and finding the perfect rental. Here are a few helpful rental and leasing articles from our experts to guide you on your search.

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A Local Expert’s Guide To 10 Budget-Friendly Neighborhoods to Rent in Lexington

Written by: Catrina Cowart

Hi, I'm Catrina, your ApartmentHomeLiving.com Local Expert for Lexington, Kentucky, and I'm happy to talk to you about some of the neighborhoods that I've found to be particularly charming in this small city.

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Apartment Common Area Rules: What Renters Need to Know

Written by: Christine Leonard, Esq.

Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.

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How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate! 

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The Rental Move-In Inspection Checklist: A Guide for Renters

Written by: Trey Huguley

The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.